RS Roach LLC Sells Retail Property In Land O Lakes For $2.3M
7775 Land O' Lakes Boulevard, Land O' Lakes, Florida 34639, United States
$2,300,000
$920/SF
Building Size
2,500 SF
Asset Type
Retail
Closing
Feb 27, 2022
About this deal
AI
A retail property located at 7775 Land O Lakes Blvd in Land O Lakes was recently sold for a total amount of $2,300,000. The property spans an area of 1.1 acres and features a total square footage of 2,500. The sale price per square foot was calculated to be $920. The transaction took place on February 28, 2022, and the sellers of the property were RS Roach LLC.
Summary of transation details
- Property Type: Retail
- Transaction Amount: $2,300,000
- Address: 7775 Land O Lakes Blvd
- Market: Land O Lakes
- Asset Type: Retail
- Acres: 1.1
The National Net Lease Group, represented by William Wamble and Patrick Nutt of SRS Real Estate Partners, served as the brokers in this deal.
Players
Land O Lakes Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.90%
Cash-on-Cash
-1.97%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93